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<br />890- 101655
<br />If Lender required mortgage insurance as a condition of 'making the loan secured by this Security Instrument,
<br />Borrower shall pay the premiums: required to maintain the.insurance in effect until such time as the requirement for the
<br />insurance terminates in accordance with Borrower's and Lender's written agreement or applicable law.
<br />S. Iatpectlon. Lender or its agent may make reasonable entries upon and inspections of the Property. lender
<br />shall give Borrower notice at the time of or prior to an inspection specifying reasonable cause for the inspection.
<br />9 Cendemastion. The proceeds of any award or claim for damages. direct or consequential, in connection with
<br />any condemnation or other taking of any pan of the Property, or for conveyance in lieu of condemnation, are hereby
<br />assigned and shall be paid to Lender
<br />. In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security
<br />Instnurtent, whether or am then due. with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />unless Borrower and Lender otherwise agree in writing, the sum- a..wumed by this Security Instrument shall be reduced by
<br />the amount. of the proceeds multiplied. by the following fi harts :(r) the total amount of the sums secured immediately
<br />before, t4`tetsi Bing, divided by (b) the fair market value Of the hbpv rty immediately before the taking. Any balance shall be
<br />prtuf to Borrower.
<br />If the Property is abandoned by Borrower,. rrif. flier notice by Leviler to Borrower than the cauderitnor offers to
<br />araice an award-or sett- a claim for. damages. Bar m. w x. faftiri�respond.to Loader witi 6, 3tf bays after tart dark thri.napceis
<br />given, L errdl9-ir;iuiiiiirir 0 to collect imd.apply, di Est itz. ; .Tl:iis gprion,:r iher to restore Lion or riliui f3f tl1t. hTr
<br />to the sut� $=KI:t_i 1. i— tiiitr fkcurity Instrument; vytieiher or tier then due
<br />Unie: si&`:ideriiitif:Oprrower otherwise a6r6ifn writing, any applii stion of proceeds to princi0a alt slT=ot extend or
<br />postpone the due dat6 t1r :fie monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br />10. Borrower Not Released; Forbearance By Lender riot a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this 4v�rity Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br />Leader shall not be required to commence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy
<br />shall not bta: riaiver of or preclude the exercise of any right or remedy.
<br />11. =:w= sssors and Assigns Bound; Joint and SeveW Liability; Cersigners. The covenants and agreements of
<br />this Security 1-rstrumert Wl bind and benefit the successors and assigns V; binder and Borrower, subject to the provisions
<br />of paragraph 17. BoffVw 's covenants and agreement's shall be joint and 3r,+-,--al. Any Borrower who co-signs this Security
<br />Instrument but does not execute the Note: (a) is co-signing this Security lmv: ument only to mortgage, grant and convey
<br />that Borrower's interest in the Property under the terms of this S -nurity I:.s rrment; (b) is not personally obligated to play
<br />the sums m ed by this Security Instrument; and (c) agree,.:! :t+: Lender and any other Borrower may agree to extend,
<br />modify, fcric*r or make any accommodations with re.gard'tu :he terms of this Security Instrument or the Note without
<br />One, So rower'sconsen2.
<br />rS. LtFtn Charges. If the loan secured by rllji I Secu my Instrument is subject to a law which sets maximum loan
<br />charges, :t a+' t1at law is finally interpreted so that the imereit or other loan charges collected or to be collected in
<br />connection -math the loan exceed the permitted limits. then: 4o) ,any such loan charge €::.all be reduced by the amount
<br />necessary to reduce the charge to the permitted limit; and (b) a :y ssr .t+:3dy collected `sir ^r s Borrower which exceeded
<br />permitted limits will be refunded to Borrower. Lender may choose =• .^rx�_c this refund b i reduciag :tree principal ow
<br />under the Note or by making a direct payment to Borrower. if a ref !4. r: sr principal, :3 a redact:+ xs It ri cipa sd as a
<br />partial prepayment without any prepayment charge under the N&15 -
<br />13. U115lation Affecting Lender's Rights. If enavtnfrit or expiration of.anf`;cable Iarys 1w the erect of
<br />rendering any provision of the Note or this Security Instrument unenforceable according to its terni,&. lG:r, er, at its option,
<br />may require immediate payment in full of all sums secured by this Security Instrument and rtt3- :r- 'coke any remedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps sipftified in the second paragraph of
<br />paragraph 17.
<br />14. Notices. Any notice to Borrower provided for in this Security Instrument t'-311 be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or anq Esther address Borrower designates by notice to rapider. Any notice to Lender shall be given by
<br />first class mail to Lender's address stated herein or any other address Lender dc.Mgnates by notice to Borrower. Any notice
<br />provided forin this Secu-my Instrument shall be deemed to have been given to $orrcmer'r-;r Lender when given as provided
<br />in this paragajslt_
<br />I5. Gdvern)ng Law; Severability. This Security Instrument shall he governed' by federal law and the la•v of the
<br />Pnisdietio�n is which the Property is located. In the a% ent' rhat any provis;c n e r clause of this Secur..ry la.strumen t or the
<br />14010 conflicts with applicable law, such conflict shall nct affect ether pre,'; inr +ins of this Security Instrument or are Note
<br />Which can .bogiven effect without the conflicting provision. Tc Ow-,- end the;rar;iuons of this Security Instrument and the
<br />Note are diriitated to be severable.
<br />16 Borrower's Copy, Borrower shall be given one conformed copy of the Note and of this Security Instrument,
<br />17, T'rimfer of the Property or a Beneficial Interest in Borrower. if all or any part of the Property er any
<br />interest in it is sold or transferred (or if a beneficial inters -st in Borrower is sold or transferred and Borrower is not a natural
<br />Person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums
<br />secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by
<br />federal law as of the date of this Security Instrument
<br />If Lender exercises this option, Lender shall give Borrower notice ofacceleration. The notice shall provide a period
<br />of not less than 30 days from the date the notice is delivered or marled within which Borrower must pay all sums secured by
<br />this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any
<br />remedy shier' ittedbyt_ hisSecur ityIn st; usrtzt witheiutfuriitcrnotrcerITdemandnn Borrower.
<br />11111. Borrower's Bight to Reinstate. if Borrower meets certain condititins, Borrower shall have the right to have
<br />enforcement of this Security instrument discontinued at any time pnor to the earlier (if (a) S days (or such other penod as
<br />applicable law may specify for reinstatement► before sale of the Property pursuant to any power of sale contained in this
<br />Security Instrument; or (b) entry of a judgment enforcing this Security Instrument Those conditirtms are that Borrower:
<br />(a) pays Lender all sums which then would be dui under this Security instrument arid the Note had no acceleration
<br />occurred; Of cures any default of any ttthrr ,:+,.chanty nr agrcements: (c) pays all etptmes incurred to enforcing this
<br />Security Instrument, inctudrni;, but nrat limited to, reas+,anable attorneys' fees. and !e,1► talcs qu-b action as 1.ender may
<br />reasonably regeure to assure that the lien of tilts SMI'lty Insttumvit, l.r:ntirar's rights in the Property° arrd ti +mower`!,
<br />obligation to pay aria Burns sc%ure+i ba this Secuttty InstrutntnE urrchange.t ['prm rcrnstatenrcnn h}
<br />10"Ower, this 5c-ur+ty fri murnent and tare tlhligariov%wi ured titret,y %1,ali t:,Et} hail
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